Student debt weighs on overall economy

May 18, 2013 Read more: USA Today 8

Mary Knauff would like to start saving money, for retirement or for some future spending.

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Since: Mar 10

Location hidden

#1 May 19, 2013
All these goof-offs and frat rats in college had areal good time living high off the hog (pizza and beer) on borrowed money, when the payments come due now watch them cry and demand a government bailout. Pay up all you fools and cry babies.

Since: Mar 09

The Left Coast

#2 May 19, 2013
I know exactly how she feels. I really want to save for retirement too but the with the economy the way it is, the mortgage, 3 new car payments, the boat and camper payments and the vacation house on the lake seem to take up the money. The government should just waive all the college loans or those kids will end up like me - broke.
Gravediggers

West Palm Beach, FL

#3 May 19, 2013
President Obama weighs this country down.
QUITTNER

Toronto, Canada

#4 May 19, 2013
12:06 pm, Sunday, May 19, 2013:
RE: Student debt weighs on overall economy
..... Yes it does, because the overall economy requires maximum possible spending and students do a minimum of spending.
..... First things first:
1) Get highest possible marks - later employers will pick only the best, and hopefully you will be one of them. Use your time properly while you are in school.
2) Once you got a job work hard to get promoted. Repay your debts as soon as possible to save paying interest on your debts; that means NOT spending on many things.
3) Once you got your debts down to zero start saving for your retirement and the coming "rainy days".

“Yeah, but...”

Since: Sep 11

MILKY WAY

#5 May 19, 2013
Why is student debt so high?
Interest rates are at historic lows and have been through out Obama's tenure.
Is it that the Department of Education is ineffectual and therefore unnecessary, even counter-productive? Is it that Obama's focus like a laser on jobs is merely observant and not joined with a process for improving things?

In short, is Obama an effective leader or just another complainer who hopes for change, expecting others to so the hard work of correcting problems?
DENG

Nanjing, China

#6 May 19, 2013
Student debt weighs on overall economy

Full story: USA Today

STIMULATE THE USA ECONOMY AND JUST CANCEL ALL STUDENT DEBT.
XDR

Miami, FL

#7 May 20, 2013
DENG wrote:
Student debt weighs on overall economy
Full story: USA Today
STIMULATE THE USA ECONOMY AND JUST CANCEL ALL STUDENT DEBT.
STIMULATE THE USA ECONOMY AND JUST BUY ME A NEW SRT VIPER.
STIMULATE THE USA ECONOMY AND YOURSELF AND GO TO A STRIP JOINT.
questioner

Kerrville, TX

#8 May 20, 2013
What is 'bonded labor'?

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